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Folks Motor Expansion into EV and Finance

Sector: Commercial • Location: India

Source: EV Mechanica

Project
Planned

Folks Motor is expanding its operations into B2B EV systems and financial services, aiming to target ₹200 crore in revenue by FY 26/27. The company is also launching Folks Finance to provide retail financing for EVs and retrofitment solutions, alongside corporate lending offerings.

Status
Prospective
Sector
Commercial, Electric Vehicles (EVs), Automotive
Location
India
Updated
22 Jul 2026
Source
EV Mechanica

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Project Information

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The project “Folks Motor Expansion into EV and Finance” is an infrastructure initiative in the Commercial sector, located in India. Taiyo aggregates data on it from EV Mechanica.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Folks Motor is expanding its operations into B2B EV systems and financial services, aiming to target ₹200 crore in revenue by FY 26/27. The company is also launching Folks Finance to provide retail financing for EVs and retrofitment solutions, alongside corporate lending offerings.

Original sector

E-Mobility

Budget

Location

Country

India

Source

Source

EV Mechanica

URL

More Details

Record type

Project

Sector

Commercial, Electric Vehicles (EVs), Automotive

Article published date

2025-02-28

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